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2924 Flagler St, Miami, FL 33135
Offering:
For Sale
Location:
Miami, FL 33135
Status:
Active
$2,775,000
Deemed reliable but not guaranteed.
Details
Year built:
1925
Lot size:
15,000 sq ft
Levels:
One
Stories:
1
Parking:
22 spaces
Style:
Detached
Days on market:
1
Annual tax (2025):
$22,235
Type:
Retail
MLS ID
A12121659
Virtual tour:
Listed by:
Synergy Realty Advisors (SGRA01)
Listing office phone:
305-297-3557
Listing office email:
Listing agent:
Andros Sarduy (3225429)
Description
Freestanding single-tenant retail building leased to Buckeye Check Cashing of Florida, Inc. dba InstaLoan on a brand new absolute NNN lease. Tenant signed in April 2026, took possession November 1, 2026 and base rent commences February 1, 2027. Lease runs through January 31, 2032 with 3% annual increases and four 5-year renewal options. Tenant pays real estate taxes, insurance, utilities and all maintenance and repair including roof, structure, parking and HVAC. No landlord responsibilities. Offered at $2,775,000, a 5.74% cap rate on year-one NOI of $159,376, rising to 6.46% by lease year five. InstaLoan is part of a family of brands with more than 1,500 locations in 25 states. 2,846 SF building centered on a 15,000 SF (100 x 150) lot with 22 parking spaces. T5-L (Miami 21) zoning on West Flagler Street, minutes from Downtown Miami, Brickell, Coral Gables and MIA. Do not disturb tenant; all showings by appointment through listing agent.
Price history
$2,775,000 → $2,775,000
· 1 price changes
Location
2924 W Flagler StMiami, FL 33135
MLS information
Last updated Nov 11, 2026
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